Mortgage interest rates have remained pretty stable over the last week and there are no signs of any changes to come. It looks as though the trend is downwards as the majority of lenders have begun to adjust their fixed 5 year rates to match the most competitive rates in the market. Given the economic [...]
Filed under: Fixed Rate Mortgages, Mortgage Interest Rates, Ratewatch, Toronto Mortgages, Variable Rate Mortgages | Comment (0)
Toronto mortgage interest rates have taken a definite U turn from the direction predicted by economists at the beginning of the year. It looks like low interest rates may be here to stay for a while longer. I can currently offer a 5 year fixed at an unprecedented low rate of 3.75% subject to lender [...]
Filed under: Bond Yields, Canadian Mortgage Lenders, Economy, Fixed Rate Mortgages, Mortgage Interest Rates, Ratewatch, Toronto Mortgages, Variable Rate Mortgages | Comment (1)